The Texas Municipal Retirement System is making a big push into private equity co-investments after voting to double its private equity investment pace earlier this year. The Austin-based pension system, which manages $29.99bn in pension assets for city employees...
Two private equity groups have revised their final bids to Italy’s top-flight soccer league as they vie to secure a slice of Serie A’s lucrative broadcasting rights business for the next 10 seasons, sources familiar with the matter told Reuters. The two offers will be...
Mercury UK Holdco, the top shareholder in Nexi, said on Tuesday it was placing 13.4% of the Italian payments group a day after the firm announced a merger with rival SIA. Nexi and SIA unveiled on Monday a long-awaited accord to create a an Italian payment champion...
Insurance startup Clover Health will go public through a merger with blank-check firm Social Capital Hedosophia Holdings Corp III IPOC_u.N in a deal valued at $3.7 billion (2.85 billion pounds) including debt, the company said on Tuesday. The combined cash-and-stock...
Thomas Healy, the 28-year-old founder of Hyliion Holdings Corp. became a billionaire when his truck electrification company listed in New York last week. For those, like me, who question the wisdom of a start-up going public before it’s generated meaningful revenue,... 